Dive Brief:
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eBay Enterprise, the unit that enables some retailers to run e-commerce sites, will be sold ahead of the eBay-PayPal split, which reportedly will be July 1, according to unnamed sources.
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A sale could value eBay Enterprise, which eBay bought as GSI Commerce in 2011 for $2 billion, at $1 billion to $1.5 billion.
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eBay Enterprise provides software, customer service, warehouses, and delivery to retailers around the globe.
Dive Insight:
eBay bought GSI four years ago as a way to compete with Amazon in providing support to retailers who want to sell online. The move makes sense, but leaves eBay something of a shell of its former self, especially with the spin-off its higher performing payments unit PayPal.
